603
603
tv
eye 603
favorite 0
quote 0
. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is tha
. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these...
333
333
tv
eye 333
favorite 0
quote 0
. >>> we'll turn now to the fiscal cliff, 30 days from an economy-crippling deadline. where everyone's taxes go up and massive spending cuts kick in. yet, talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. george is with us now. good morning, george. >> last weekend, you sat right here and you said that you were reasonably optimistic that a deal could be afoot. in the intervening week, we have seen a lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, on thursday, the senate republican leader mitch mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. rep
. >>> we'll turn now to the fiscal cliff, 30 days from an economy-crippling deadline. where everyone's taxes go up and massive spending cuts kick in. yet, talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. george is with us now. good morning, george. >> last weekend, you sat right here and you said that you were reasonably optimistic that a deal could be afoot. in the intervening week, we have...
544
544
Nov 29, 2012
11/12
by
KGO
tv
eye 544
favorite 0
quote 0
a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for se
a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner...
416
416
Nov 30, 2012
11/12
by
KGO
tv
eye 416
favorite 0
quote 1
. >>> now, the stalemate in washington over the fiscal cliff. everyone's taxes are set to go up in just over a month if congress and the white house fail to reach a deal. and the talks blew up yesterday, after republicans dismissed the latest offer from secretary tim geithner. just listen to house speaker john boehner and senate majority leader, harry reid. >> listen this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. >> i don't understand his brain. so, you should ask him. okay? >> tough words there. abc's jon karl is covering this all from capitol hill. jon, as we said, senate republican leader mitch mcconnell says he laughed out loud at geithner's offer. break down the offer from the white house and the republican objections. >> reporter: not only did he laugh out loud, the speaker saying it's unrealistic. the key is $1.6 trillion in tax increases over the next ten years. $50 billion in additional stimulus spending. $400 billion in medicare cuts. but unspecified over the ne
. >>> now, the stalemate in washington over the fiscal cliff. everyone's taxes are set to go up in just over a month if congress and the white house fail to reach a deal. and the talks blew up yesterday, after republicans dismissed the latest offer from secretary tim geithner. just listen to house speaker john boehner and senate majority leader, harry reid. >> listen this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult...
424
424
tv
eye 424
favorite 0
quote 0
not only is he in a staredown with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple of surprises here. these are the names we've been hearing over the last couple weeks. one is interesting. chuck hagel, a former senator. he's a republican. also, john kerry, currently in the senate. michelle flournoy. hagel would be an interesting pick. if he picks hagel, a republican, that takes some of the heat off of susan rice to be nominated as secretary of state. she's had a tough time on capitol hill talking to republicans. if you get a package deal, a republican and a democrat, that you're nominating from the president. what are senators going to do, but tak
not only is he in a staredown with congress over the fiscal cliff. but a choice for his cabinet may come at the end of this month. and his choice may be a surprising one. we're talking about the top spot for the defense department. >> reporter: we were talking that the president probably next week who he would like to go to the state department. but maybe he's going to do a package deal next week. state department nominee, as well as defense department nominee. and there could be a couple...
435
435
tv
eye 435
favorite 0
quote 0
. >>> we have the latest on the fiscal cliff, just 25 days before everyone's taxes go up and every government program is cut. there were some baby steps yesterday. both sides got together for the first staff-level talks in a week. and jon karl is covering the countdown from capitol hill. jon, they're trying to keep a close hold on these talks. but you learned that the meeting did not go all that well. >> reporter: that's right, george. first, it was a significant step forward that they actually met. i mean, astounding. this was a week without talks. but yesterday, you did have top aides to the president, top aides to the speaker of the house, come together. but i am told by people familiar with the meeting, that it ended with the two sides just as far apart as they were before the meeting. the white house said there will be absolutely no deal until republicans agree to raise rates and give an indefinite right to borrow money. lifting the debt ceiling. republicans said no way on both counts, unless they get bigger concessions than what the white house has offered on spending. so it seems still
. >>> we have the latest on the fiscal cliff, just 25 days before everyone's taxes go up and every government program is cut. there were some baby steps yesterday. both sides got together for the first staff-level talks in a week. and jon karl is covering the countdown from capitol hill. jon, they're trying to keep a close hold on these talks. but you learned that the meeting did not go all that well. >> reporter: that's right, george. first, it was a significant step forward...